The earnings call presented a strong performance with significant growth in annual contract value, Pega Cloud ACV, and free cash flow. The introduction of partner-branded Blueprints and strategic collaborations indicate a positive trajectory. However, there are concerns about seasonal fluctuations, currency headwinds, and macro-economic uncertainties.

Company Guidance -

Q3 2025

During Pegasystems' Q2 2025 earnings call, the company highlighted significant growth metrics and strategic advancements. Annual Contract Value (ACV) grew by 16% year-over-year, reaching over $1.5 billion for the first time, with Pega Cloud ACV specifically increasing by 28%. The company also reported a 60% year-over-year increase in net new ACV add in constant currency for the first half of 2025. Free cash flow rose to $286 million, and total remaining performance obligation increased by 31%. The strategic focus on Pega's AI-powered Blueprint has been transformative, engaging in every sales campaign and driving substantial business activity. The company also emphasized its strong Rule of 40 execution and potential for future share repurchases, having already repurchased $251 million worth of shares in the first half of 2025. Pegasystems' strategic collaboration with AWS aims to accelerate legacy transformation projects, further solidifying its competitive positioning in the market.

Strong ACV Growth

Annual contract value grew 16% year-over-year as reported and 14% in constant currency. Net new ACV add increased by 60% year-over-year in constant currency in the first half of 2025.

Pega Cloud ACV Milestone

Total ACV exceeded $1.5 billion as reported for the first time, with Pega Cloud ACV growth of 28% as reported and 25% in constant currency.

Free Cash Flow Growth

Free cash flow reached $286 million in the first half of 2025, supported by margin expansion and accelerated ACV growth.

Partner Ecosystem Expansion

The introduction of partner-branded Blueprints with major partners like Accenture, Capgemini, and Infosys, among others.

Strategic Collaboration with AWS

A 5-year strategic collaboration agreement with AWS was announced, including Pega software availability on the AWS marketplace.

Pegasystems (PEGA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PEGA Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	0.20 / -	0.195	―	―	―
Jul 22, 2025	2025 (Q2)	0.24 / 0.28	0.26	7.69% (+0.02)
Apr 22, 2025	2025 (Q1)	0.24 / 0.77	0.24	218.75% (+0.53)
Feb 12, 2025	2024 (Q4)	0.74 / 0.81	0.885	-9.04% (-0.08)
Oct 23, 2024	2024 (Q3)	0.17 / 0.20	0.22	-11.36% (-0.02)
Jul 24, 2024	2024 (Q2)	0.13 / 0.26	0.005	5100.00% (+0.26)
Apr 24, 2024	2024 (Q1)	0.21 / 0.24	0.115	108.70% (+0.12)
Feb 14, 2024	2023 (Q4)	0.50 / 0.89	0.41	115.85% (+0.48)
Oct 25, 2023	2023 (Q3)	<0.01 / 0.22	-0.17	229.41% (+0.39)
Jul 26, 2023	2023 (Q2)	0.02 / <0.01	-0.19	102.63% (+0.20)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PEGA Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 22, 2025	$50.92	$58.01	+13.92%
Apr 22, 2025	$34.36	$44.25	+28.78%
Feb 12, 2025	$52.99	$42.60	-19.61%
Oct 23, 2024	$34.82	$39.93	+14.68%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.